RBI policy review: Amid focus on cash control, rate to remain unchanged

There is near unanimity that RBI would keep policy rates unchanged

There is near unanimity that the six-member monetary policy committee of the Reserve Bank of India (RBI) would keep policy rates unchanged, but this being an annual policy, the event promises to discuss many issues that would set the stage for the next one year, including bad-debt resolution and liquidity management.

The repo rate is at 6.25 per cent now, while the RBI has changed its stance to 'neutral' from 'accommodative', indicating pause in a rate-cutting cycle. Core inflation, which is consumer price index (CPI) minus food and fuel, is sticky at around five per cent, even as the headline